Usk Balaji Plast Limited

Usk Balaji Plast Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U74999MH2003PLC140130 Incorporated 24 April 2003 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Public Limited Company manufacturing MSME
Data last updated
Revenue · FY 2025
₹37.87 Cr
▲ 34% YoY
Net profit · FY 2025
₹2.62 Cr
Net margin 6.9%
EBITDA · FY 2025
₹5.05 Cr
EBITDA margin 13.3%
Authorised capital
₹11 Cr
Registered with MCA
Paid-up capital
₹7.32 Cr
Issued & subscribed
Open charges
₹6.6 Cr
Satisfied ₹7.13 Cr
Company age
23 yrs
Est. 2003
Employees · EPFO
11
Provident fund records

About Usk Balaji Plast Limited

Data last updated:

Usk Balaji Plast Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 24 April 2003 and has been in existence for over 23 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2003PLC140130. Its GSTIN is 27AAACU6082F1ZA (Maharashtra).

The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹7.32 Cr. It was formerly known as Usk Balaji Plast Private Limited. It is led by directors including Mohan Shekar Shetty (Managing Director) and Chetan Ratan Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹37.87 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 6.9%) and EBITDA of ₹5.05 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: USK Balaji Plast PVT LTD. As per MCA filings, the company has open charges of ₹6.6 Cr and satisfied charges of ₹7.13 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 1 deal on record (1 funding round), with disclosed funding of ₹48.1 Lakh; the latest was in March 2017. Its 3 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 1 smaller; the largest is Trikuta Plastics Private Limited with revenue of ₹38.16 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 153 overdue payments to 15 micro and small suppliers.

Usk Balaji Plast Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0028649). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website uskbalaji.com.

Company details

CIN U74999MH2003PLC140130
Registration Number 140130
Incorporation Date 24 April 2003
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0028649

CIN history

Usk Balaji Plast has one previous CIN (Corporate Identification Number): U74999MH2003PTC140130. The current CIN is U74999MH2003PLC140130, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74999MH2003PLC140130Current
U74999MH2003PTC140130Previous
Key People
Mohan Shekar Shetty Managing Director Chetan Ratan Kumar Whole-Time Director Umeish Tulsidas Kotwaani Whole-Time Director

Recognitions & Rankings of Usk Balaji Plast

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-MH-18-0028649

Contact details

Usk Balaji Plast Limited's registered office is in Mumbai, Maharashtra.

  • Social Media
  • Registered Address
    106 A Wing Knox Plaza 1st Floor Chincholi Bunder Road Off Link Road Ma, Lad West, Mumbai, Maharashtra, India – 400064
  • Industry
    Manufacturing, Plastic-Based Products
Comprehensive company report
Usk Balaji Plast Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Usk Balaji Plast operates one associated brand: USK Balaji Plast PVT LTD. Each brand links to its own profile.

BrandDescriptionWebsite
USK Balaji Plast PVT LTD
Thermoforming packaging manufacturing and related services for multiple industries.uskbalaji.com

Business activity

The main business activity of Usk Balaji Plast is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Usk Balaji Plast Limited, buy the company report.

Financials of Usk Balaji Plast Limited

FY 2025 filings available

Usk Balaji Plast Limited reported revenue of ₹37.87 Cr (up 34% YoY) for FY 2025.

Revenue · FY 2025
₹37.87 Cr ▲ 34%
Net profit · FY 2025
₹2.62 Cr margin 6.9%
EBITDA · FY 2025
₹5.05 Cr margin 13.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 8%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 31%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 34% growth in the latest year. EBITDA rose 55% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.05 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.62 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.3%
Net Profit Margin6.9%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Usk Balaji Plast Limited, buy the company report.

Board of directors and KMP of Usk Balaji Plast Limited

Usk Balaji Plast Limited currently reports 7 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Reenal Keyur KapadiaCfo02 Dec 20250 Years 11 MonthsCurrent
Chetan Ratan KumarWhole-Time Director24 Apr 200323 Years 6 MonthsCurrent
Nirav Jamnadas Vaghela
Also directs: Hidush Foundation
Director02 Dec 20250 Years 11 MonthsCurrent
Mohan Shekar ShettyManaging Director24 Apr 200323 Years 6 MonthsCurrent
Umeish Tulsidas KotwaaniWhole-Time Director24 Apr 200323 Years 6 MonthsCurrent
Preeti Jignesh MakwanaDirector02 Dec 20250 Years 11 MonthsCurrent
Showing 6 of 8 current directors and KMP. View all directors and KMP

Peer comparison

Usk Balaji Plast Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Trikuta Plastics Private Limited₹38.16 Cr (FY 2025)11.0%Jammu, Jammu and Kashmir, India
J V Plastic Industries India Private Limited₹37.89 Cr (FY 2025)10.0%New Delhi, Delhi, India
Usk Balaji Plast Limitedthis company₹37.87 Cr (FY 2025)₹2.62 Cr6.9%34.0%Mumbai, Maharashtra, India
Ekdant Moulders and Engineers Private Limited₹37.86 Cr (FY 2025)57.0%Aurangabad, Maharashtra, India

To see the full peer comparison of Usk Balaji Plast Limited, buy the company report.

Charges & borrowings

Open charges
₹6.6 Cr
Satisfied charges
₹7.13 Cr
Breakdown by lending institutions
Axis Bank Limited₹4.10 Cr
Others₹2.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Feb 2025101055029Others₹50 LakhOpen
11 Feb 2025101049844Others₹1.5 CrOpen
11 Feb 2025101049845Others₹50 LakhOpen
26 Aug 2024101008097Axis Bank Limited₹2 CrOpen
17 Mar 2021100438321Axis Bank Limited₹60 LakhOpen

To see the full charge records of Usk Balaji Plast Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Usk Balaji Plast Limited has 1 deal on record (1 funding round), with disclosed funding of ₹48.1 Lakh; the latest was in March 2017.

Total deals
1
Funding round
1
Disclosed funding
₹48.1 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Mar 2017Funding round₹48.1 LakhInvestors: 3 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Usk Balaji Plast Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 153 overdue payments to 15 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 15)

SupplierAmount dueDue sinceReported on
SL Corbox Private Limited
an individual supplier
an individual supplier
G M Polyplast Limited
an individual supplier

To see the full MSME payment records of Usk Balaji Plast Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Usk Balaji Plast has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACU6082F1ZAMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Usk Balaji Plast Limited, buy the company report.

Recent activity

Usk Balaji Plast Limited has 15 board changes on record since 2003: 8 appointments and 7 cessations. The latest: Jignesh Ishwarbhai Mistry ceased to be Additional Director on 05 Jan 2026.

Ceased
Jignesh Ishwarbhai Mistry ceased to be Additional Director.
Ceased
Nirav Jamnadas Vaghela ceased to be Additional Director.
Ceased
Nirav Mansukhlal Jamnagari ceased to be Additional Director.
Ceased
Preeti Jignesh Makwana ceased to be Additional Director.
Appointed
Jignesh Ishwarbhai Mistry was appointed as Director.
Appointed
Nirav Jamnadas Vaghela was appointed as Director.
Appointed
Nirav Mansukhlal Jamnagari was appointed as Director.
Appointed
Preeti Jignesh Makwana was appointed as Director.
Appointed
Reenal Keyur Kapadia was appointed as CFO.
AGM
Usk Balaji Plast Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Chetan Ratan Kumar ceased to be Director.
Ceased
Mohan Shekar Shetty ceased to be Director.

45 earlier events are in the company report.

Frequently asked questions

Usk Balaji Plast is an active public limited company based in Mumbai, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 24 April 2003 (23+ years old) and is registered under CIN U74999MH2003PLC140130.

Usk Balaji Plast has 8 current directors and KMP:

The latest financial statements of Usk Balaji Plast on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Usk Balaji Plast is 27AAACU6082F1ZA, registered in Maharashtra.

The CIN (Corporate Identification Number) of Usk Balaji Plast is U74999MH2003PLC140130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Usk Balaji Plast has 1 court case on record: 1 filed against it.

Usk Balaji Plast was incorporated on 24 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.

Usk Balaji Plast has 1 deal on record (1 funding round), with disclosed funding of ₹48.1 Lakh; the latest was in March 2017.

The peers of Usk Balaji Plast by revenue are Trikuta Plastics Private Limited, J V Plastic Industries India Private Limited, Ekdant Moulders and Engineers Private Limited, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Jignesh Ishwarbhai Mistry ceased to be Additional Director on 05 Jan 2026. Nirav Jamnadas Vaghela ceased to be Additional Director on 05 Jan 2026. Nirav Mansukhlal Jamnagari ceased to be Additional Director on 05 Jan 2026. Usk Balaji Plast has 15 board changes on record in total.

Yes, Usk Balaji Plast is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0028649).

Usk Balaji Plast has 8 MSME Form 1 returns on record between 2019 and 2022, listing 153 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2022.